Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2317 Mount Olive Rd Gardendale, AL 35071

    Sponsored
    For Sale
    Pending
    $1,050,000

    Office - GARDENDALE, AL

    Type:Office
    Lot size:
    2.50 Acres
    Days on Market:
    17
    Last Refresh:
    Jan 24 at 6:06 pm

    Property Features for 2317 Mount Olive Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Pending
    Zoning
    Commercial
    Lot size
    2.50 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2001
    Floors in Building
    1
    Flooring type
    Carpet, Carpet - Partial
    Building materials
    Brick, Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Randy Brooks

    Avast Realty (205) 910-8714

    Listing agent Randy Brooks (205) 951-8992

    Listing date Jan 8, 2026

    MLS# 21407456 Listing URL

    Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Gardendale Office Building For Sale

    This office building is located in Gardendale, Alabama. The building has 6600 square feet of space and is situated on a 2.5-acre lot. The back half of the building is currently leased under a 5-year lease agreement. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medisys Medical Billing Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Department Store Grocery Store Food Market HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gardendale
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.839639836121
    Latitude
    33.673389316732

    Nearby Similar for Sale

    • $1,500,000
      1.58 Acres

      Gardendale Retail Opportunity on Decatur

      Freestanding building ideal for retail, showroom, or service-based businesses.
      1920 Decatur Hwy, Gardendale, AL 35071
      View Details
    • $360,000
      0.18 Acres

      Retail Opportunity in Gardendale, AL

      Retail or office building centrally located in Gardendale, Alabama.
      112 W Tarrant Dr, Gardendale, AL 35071
      View Details
    • $375,000
      0.13 Acres

      Retail Buildings in High-Traffic Area

      Two buildings on a corner lot with high-traffic exposure.
      501 Tarrant Rd, Gardendale, AL 35071
      View Details
    • $80,000
      1,400 SF

      Home in Peach Tree Crossings

      Home with fireplace, updated flooring, and community pool access.
      3625 Ash Pl, Gardendale, AL 35071
      View Details
    • $2,300,000
      44,264 SF

      Versatile Commercial Building on US-31

      Two-story, 44,264 SF commercial building on 5 acres.
      2405 Decatur Hwy, Gardendale, AL 35071
      View Details
    • $1,250,000
      2.14 Acres

      Gardendale Development Opportunity

      High-traffic location, 2.14 acres
      2108 Decatur Hwy, Gardendale, AL 35071
      View Details
    • $1,050,000
      2.50 Acres

      Gardendale Office Building - Investment Opportunity

      Spacious Office Building, Partial Occupancy, 2.5 Acres
      2317 Mount Olive Rd, Gardendale, AL 35117
      View Details
    • $525,000
      4,689 SF

      Gardendale Church Property

      Alabama Church, Cemetery, $525K
      7027 Dewey Barber Dr, Gardendale, AL 35071
      View Details
    • $750,000

      Gardendale Restaurant - Hwy 31

      Prime Gardendale Restaurant Space
      896 Decatur Hwy, Gardendale, AL 35071
      View Details
    • Contact for pricing
      9,360 SF

      Gardendale Retail Space - 9,360 SF

      High-traffic retail space, fully built-out.
      1303 Decatur Hwy, Gardendale, AL 35071
      View Details
    • $4,400,000
      14,490 SF

      Walgreens Pharmacy - Gardendale, AL

      High-yield Walgreens Net Lease Investment
      100 Fieldstown Rd, Gardendale, AL 35071
      View Details
    • $600,000
      5.14 Acres

      Gardendale Commercial Land Opportunity

      5.14 Acres, High Traffic Location
      Mount Olive Rd, Gardendale, AL 35117
      View Details

    FAQs

    What type of property is this?
    Office building - Office building in Gardendale, Alabama, with existing lease.
    Where is this office building located?
    The property is located at 2317 Mount Olive Rd Gardendale, AL.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - 6600 sq ft office building, a great opportunity for investors or owner-occupiers.; - Back half is leased with a 5-year lease, providing immediate income.; - Built in 2001.
    (205) 965-6645
    Request Owner's contact information
    2317 Mount Olive Rd Gardendale, AL 35071
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2317 Mount Olive Rd
    Gardendale, AL 35071
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2317 Mount Olive Rd Gardendale, AL 35071
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Randy Brooks
    (205) 965-6645
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.